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Dec 8, 2012
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does the top rate have to end the 39.6% the way it was under bill clinton? could be democrats accept something between if it was coupled with a reduction in the ability on the top 2% to except a reduction of deductions? >> i do not want to second-guess what we might decide. i do not think that is what we should debate the right now. multimillionaires and what deductions they can take is something different. this is where we are. >> that is in addition to. >> yes, in addition to. the problem with having that debate now suggests that that is all we have to do is find that a hundred dollars billion, and we are done. -- find that $8 billion dollars and we are done. we get it from spending cuts shia we believe there needs to be revenue coming in. there have to be investments for economic competitiveness and economic growth. this is not just rhetoric. it is how we do tax policy. which is how we make investments and how we deal with those families in the video worried about debt and higher education and retirement. >> on the tax side, as part of the adults of a sol
does the top rate have to end the 39.6% the way it was under bill clinton? could be democrats accept something between if it was coupled with a reduction in the ability on the top 2% to except a reduction of deductions? >> i do not want to second-guess what we might decide. i do not think that is what we should debate the right now. multimillionaires and what deductions they can take is something different. this is where we are. >> that is in addition to. >> yes, in addition...
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Dec 9, 2012
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long tradition in arkansas, let's not forget one of the great presidents of the united states, bill clinton. we work hard down there but i can't get too specific on our prospects there yet. >> if i could return to the administration for a minute, governor. obviously, some governors are lobbying the white house on what they would like to see happen in some of the fiscal cliffs negotiations and some of the cut thass republicans and others want to make in these negotiations could impact state budgets. what do you see as your bottom line and what the cuts cannot do? -- or should not do. >> let's be clear about this, the president has this one right. we cannot balance this budget and make the changes we need to make in terms of the fiscal cliff, or or what i call the fiscal slope without ensuring that we ask the top 1% or 2% of the americans pay their fair share in income taxes. we all know that the top 1% or 2% is paying lower income taxes than any time in our history. they've had a great deal, president bush set that up for them but we as nation did better under the clinton tax policies where
long tradition in arkansas, let's not forget one of the great presidents of the united states, bill clinton. we work hard down there but i can't get too specific on our prospects there yet. >> if i could return to the administration for a minute, governor. obviously, some governors are lobbying the white house on what they would like to see happen in some of the fiscal cliffs negotiations and some of the cut thass republicans and others want to make in these negotiations could impact...
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Dec 10, 2012
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bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are underestimating how severe that will be because confidence is very weak. it is unclear how the reserve would response to this. we need to scale back from the cliff. at the
bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. third, achieving long-term fiscal sustainability....
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Dec 6, 2012
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i commend ambassador ford and secretary clinton and the president for their leadership on diplomatic side of try to engage until with this credit, painful conflict. the differences between us are far less important. the president has made a clear declaration, which we will back. >> house of representatives is in recess. it will reconvene on tuesday. the house is expected to take up noncontroversial legislation under suspension of regular house rules. the house had planned to adjourn for the holidays at the end of the week next week, but majority leader eric cantor says the house will be back in session december 17 to deal with the so- called fiscal cliff. he says the house will not adjourn until an agreement is reached. when the house gavels in next week, live coverage c-span. >> and think the writers institute is something that is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page. but i think there is no other art form so readily accessible other
i commend ambassador ford and secretary clinton and the president for their leadership on diplomatic side of try to engage until with this credit, painful conflict. the differences between us are far less important. the president has made a clear declaration, which we will back. >> house of representatives is in recess. it will reconvene on tuesday. the house is expected to take up noncontroversial legislation under suspension of regular house rules. the house had planned to adjourn for...
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Dec 8, 2012
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four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to push our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. even if the president got the tax rate hike he wanted, understand we will continue to see $1 trillion deficits for as far as the eye can see. washington has got a spending problem, not a revenue problem. if the president does not agree with our proposal, we believe he has got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we are ready and eager to talk to the president about such a plan. >> you spoke with the president this week. how do you characterize that call? also, we understand that he is making clear that it will have to be increasing rates for the wealthy or no deal. are you willing to give a littl
four days ago, we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to push our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. even if the president got the tax rate hike he wanted, understand we will continue to see...
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Dec 8, 2012
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secretary clinton was in algeria to discuss mali among other issues approximately a month ago. the third challenge in mali is terrorism. we are gravely concerned about the presence and activities of terrorists and extremist groups in northern mali. al qaeda in the islamic ma grag, the movement for unity and jihad in west africa known as mujoa, and other affiliated groups have exploited the political unrest created by the march coup and the northern rebel ynt to expand their safe havens in northern mali and to impose their ideology on local communities throughout the northern part of the country. while these tactics remain alien to the vast majority of the population and the affected areas, aqim has established at least temporary relationships with a number of groups in northern mali and currently control the key cities of timbuktu, gal, and kid al. any attempt to militarily ouset a qim must be african led. it must be malian led. it must be well planned, well organized and well resourced to be successful. military plans must also account for civilian security and humanitarian ne
secretary clinton was in algeria to discuss mali among other issues approximately a month ago. the third challenge in mali is terrorism. we are gravely concerned about the presence and activities of terrorists and extremist groups in northern mali. al qaeda in the islamic ma grag, the movement for unity and jihad in west africa known as mujoa, and other affiliated groups have exploited the political unrest created by the march coup and the northern rebel ynt to expand their safe havens in...
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Dec 6, 2012
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a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a specific, explicit plan that would limit those tax benefits for high-income households that's been examined by the joint committee on taxation, which is the official referee for these issues in congress. that plan, though, doesn't raise the revenue that you need. so out of the president's $1.6 trillion, $950 billion comes from decoupling. decoupling is the high-income rates going away, the middle- class tax cuts becoming permanent. that gets you $950 billion of revenue. the question is could you plausibly replace that revenue just by limiting tax expenditures. there have been lots of different ideas out
a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a...
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Dec 5, 2012
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bill clinton in the white house. they came together to solve some big problems. welfare reform, health insurance reform. folks forget about health insurance reform. we did away with pre-existing conditions. did away with all of the impediments in the large group markets, what they call the plans, had great success in that area, and finally got back into some positive territory. to be truthful, this assumes that all the federal -- all the social security revenues, medicare revenues are getting spent on other projects rather than going in the trust fund and being preserved. we didn't really have a surplus. we were spending social security and medicare revenues to create a surplus. but we did have some better years then. then we go into the bush years. this is important. 9/11 changed the way this country deals with national security. a lot of programs going on much to my surprise, mr. speaker, you remember, we create add brand new federal department with the republican house, republican senate, and republican president. we created a brand new entitlement program, me
bill clinton in the white house. they came together to solve some big problems. welfare reform, health insurance reform. folks forget about health insurance reform. we did away with pre-existing conditions. did away with all of the impediments in the large group markets, what they call the plans, had great success in that area, and finally got back into some positive territory. to be truthful, this assumes that all the federal -- all the social security revenues, medicare revenues are getting...
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Dec 4, 2012
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it is similar to what the former clinton chief of staff -- separate from that commission, he testified before the super committee last year and put forward his own proposal to try to break the impasse at that time. republicans say their current offer is not in that proposal, so it is not the simpsons-bowles plan that has gotten a lot of talk over the last few years, but it is modeled on a proposal from a leading democrat during these discussions, so they are hoping it will give some credibility going forward. the $800 billion they are offering is not the same as what john boehner offered in 2007. -- is the same as what john boehner offered in 2007. they will not accept any deal that keeps tax rates the same as well. >> thank you. >> thank you. >> you can read his proposal online by going to c-span.org and clicking to the lake. oklahoma congressman tom cole discusses the fiscal cliff negotiations and agrees with suggestions they should join president obama to extend the tax rates for the highest income earners the law professor john buckley looks at the history of the tax, plus your e-m
it is similar to what the former clinton chief of staff -- separate from that commission, he testified before the super committee last year and put forward his own proposal to try to break the impasse at that time. republicans say their current offer is not in that proposal, so it is not the simpsons-bowles plan that has gotten a lot of talk over the last few years, but it is modeled on a proposal from a leading democrat during these discussions, so they are hoping it will give some credibility...
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Dec 9, 2012
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guest: secretary clinton has been a leader at the end of the concept. she introduced the concept of an aids for a generation. right now 31 years into the pandemic, we have the tools based on clinical research, prevention tools, diagnostic tools, and treatment tools to turnaround the trajectory. we are already starting to see that. it is a matter of implementing these things. striking is the difference between 30 years ago and not only will we do now. when you treat somebody its of the effected and the brand on the level of the virus, you dramatically diminished the likelihood that person will infect their unaffected sexual partner. we are starting to see not only treatment for the patient but as a form of prevention. it brings the virus down to such a low level that does not get transmitted to your sexual partner. then and there are pure prevention modalities. needle exchange, prevention of a mother-child, right now and then to a 2012 low we just had with world's aids a date with the ceremony and the state department, it it was emphasized we have within
guest: secretary clinton has been a leader at the end of the concept. she introduced the concept of an aids for a generation. right now 31 years into the pandemic, we have the tools based on clinical research, prevention tools, diagnostic tools, and treatment tools to turnaround the trajectory. we are already starting to see that. it is a matter of implementing these things. striking is the difference between 30 years ago and not only will we do now. when you treat somebody its of the effected...